The Retirement Systems of Alabama (RSA) is reporting a record year of investment performance.

According to the latest edition of their monthly Advisor newsletter, the Teachers’ Retirement System, Employees’ Retirement System, and Judicial Retirement Fund have seen major returns on investments for the fiscal year that concluded on September 30. 

The TRS experienced a return rate on investments of 21.1% for the year, while ERS and JRF both experienced a 22.21% return for the year.

Listed below are the annualized investment returns for RSA’s total portfolio for 1, 3, 5, and 10 years:

Teachers’ Retirement System: 21%; 6%; 9.05%; 8%

Employees’ Retirement System: 21.21%; 5.97%; 9%; 8.07%

Judicial Retirement Fund: 22.21%; 6.05%; 9.17%; 8.07%

“These out-sized returns should have a significant and positive impact on the funding levels for RSA as the excess returns are recognized over the next five years in the actuarial valuations,” Neah Scott, legislative counsel for RSA told Alabama Daily News.

The Retirement Systems of Alabama is the administrator of the pension fund for employees of the state. It is based in Montgomery, Alabama, and is led by David Bronner, its chief executive officer.

Austen Shipley is a staff writer for Yellowhammer News. You can follow him on X @ShipleyAusten